BOOSTO (BST)

Overview

BOOSTO is a decentralized app store designed to return power & freedom to creators & makers!

Project stage

Prototype

Detailed description

BOOSTO is an influencer driven decentralized app store. It provides a protocol for creating decentralized applications that act like an entire ecosystem and allow developers and companies to easily build DApps that directly interact with individual influencers, influencer networks, social media platforms, and brands with consumers, services, companies and much more.

BOOSTO’s platform aims to empower global influencers and developers through unleashing the full potential of influencer led communities, by using blockchain as a foundation of trust and tokens as incentives to build various interactive decentralized applications. The developers can tap into the influencer network and collaborate to provide more interactive functionality with audiences and sponsors. Selected influencers will also be able to issue their personalized tokens, and through this system, the implicit potential of influencers can be measured by the total value of their tokens. Early supporters of influencers growing in popularity will be rewarded, since they can now use their existing tokens to buy more influencer’s services, or exchange for more goods and services of other influencers.

Problem

Content marketing and influencer marketing driven by ads is a broken model - wrong incentives and poor economics have driven content creators to ultimately serve their content for big name advertisers.

Many startups and even blockchain projects, have set out to disrupt this old model by providing alternative revenue models for content creators. While evaluating the current market, we realized that most companies are working to solve their existing content creator problems. In addition, we realized that, while influencers have a large amount of followers, they do not have the technical capabilities to develop applications which enhance interaction and relationships with their followers. With an open ecosystem, adding developers to the mix, they can develop smart contracts, integrate and improve both data and payment on blockchain with existing social network data, and more.

Solution

The Project Company partners with Boostinsider, Inc. (“Boostinsider”), which is a San Francisco based company, focusing on B2B solutions with a team of developers who are passionate about creating tools to enable customizable DApps to take innovation to the next level. We understand that by adopting blockchain technology, we can create even better transparency for data and payment. By incorporating tokenization mechanics to decentralized network, we can remove rent-seeking intermediaries and provide direct incentivization to ecosystem players, especially independent developers and early adopters.

The BOOSTO platform enables a decentralized ecosystem for influencer Marketing:

Additional links

Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :BST

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : NA

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000,000 BST

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :500,000,000 BST

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, USA,

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes

Token and Funds Distribution

Token distribution date

The token lockup time is six monthsstarting from token generation date(not announced yet), released monthly.

Unsold tokens

NA

Funds Distribution

Sale schedule

Round

Token Price

Bonus

Min / Max Purchase

Soft Cap

Hard Cap

Pre-sale —
Soon
Start Soon

0.00007 ETH

25%

-

Uncapped

Uncapped

Team

Heidi Yu

CEO

Chen Wang

CTO

Rock Zhang

Head of Product

Adam Charles

Marketing Manager

Reza Bakhshandeh

Token Design Architect

Advisors

Paul Veradittakit

Partner at Pantera Capital

Andy Tian

Gifto CEO

Danny Yang

Blockeer CEO

Mark Mai

China's Top Angel Investor

Matthew Liu

Origin CEO

Josh Fraser

Cofounder of Origin

Crypto Bobby

Crypto Influencer

Addison Huegel

Advisor/PR

Melody He

Advisor/International BD

Roadmap

Q1 2018

Product design and concept validation

Q2 2018

Launch of SocialBook DApp built on BOOSTO prototol, and participation of 10 selected influencers.

Q3 2018

BOOSTO protocol beta launch, allowing 3rd party DApps.

Q4 2018

BOOSTO platform official launch, open to 350k influencers.

2019

Ongoing iterations and expansions.

Activity

Social

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